Barnes Group Earnings Preview

Watch Barnes Group's (NYS: B) earnings report to see if it can beat analyst expectations for the fourth consecutive quarter. The company will unveil its latest earnings on Friday, April 27. Barnes Group is an international logistical services company and aerospace and industrial components manufacturer serving a range of end markets and customers.

What analysts say:

Buy, sell, or hold?: Analysts think investors should stand pat on Barnes Group with four of seven analysts rating it hold. Analysts still rate the stock a hold, but they are a bit more wary about it compared to three months ago.

Revenue Forecasts: On average, analysts predict $310.6 million in revenue this quarter. That would represent a decline of 2.6% from the year-ago quarter.

Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.44 per share. Estimates range from $0.42 to $0.47.

What our community says:CAPS All-Stars are strongly supporting the stock, with 95.3% giving it an "outperform" rating. Most of the community backs the All-Stars, with 92.1% awarding it a rating of "outperform." Even with a robust four out of five stars, Barnes Group's CAPS rating falls a little short of the community's upbeat outlook.

Management:Barnes Group's profit has risen year-over-year by an average of 16.6% over the past five quarters. A year-over-year revenue decrease last quarter snaps a streak of three consecutive quarters of revenue increases. The company's gross margin shrank by 11.9 percentage points in the last quarter. Revenue fell 30.4% while cost of sales fell 17.6% to $151 million from a year earlier.

Now, a look at how efficient management has been at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. Barnes Group has seen increasing operating margins year-over-year for the last four quarters. Operating margins reflect the total sales revenue that the company retains after costs. Here is how Barnes Group has been doing for the last four quarters:

Quarter

Q4

Q3

Q2

Q1

Gross Margin

23.5%

35.2%

36.8%

36.3%

Operating Margin

16.0%

10.1%

10.2%

9.2%

Net Margin

0%

7.1%

6.8%

6.0%

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